Why Samsung Drops Apple Sales Ban Requests

12/18/2012 11:36PM

In a major turn of the smartphone patent war, Samsung will drop its injunction applications against Apple in five European countries. The WSJ's Yun-Hee Kim tells us why this move will be good for both companies.

This transcript has been automatically generated and may not be 100% accurate.

I ... the ... continues with key developments in the euro and the U S ... this is Asia's today mine GE and joined by Yoon Hee Kim ancient analysts units of the war she gentle ... in you know of action Bernice right to speed was the least its ... two key developments ... overnight basically the US in the U S case the U S judge Rules Huaxia denied Apple's request advanced twenty six Samsung products in the U S market ... so there's no question Apple had made an order to ban some Samsung products ... that on that was denied ... the other key development was in the ... the European Union where ... I Samsung basically with two wickets on the injunction applications to block on ... Apple's products in the European Union ... so this is kind of a sign that the two ... parties are kind of coming closer together in a way but Sound doesn't release on fiscal issues ... she will ... put it all together and put up a long history between these two are and where do we stand does this mean things instead of on improving ... while will have to wait and see I mean on the heels of the year in the U S Casey us it will also have to rule on the damages ... now Apple is seeking other Apple was awarded damages of over billion dollars in August ... and the companies now seeking for Samsung to be a bit more than that and Samsung's attend attempting to lower the damages ... and that really still hasn't come out so we have to watch for that drilling ... but some in the U S K Samson was also seeking new trial ... the sun the fact that zomg the company was alleging that one of the jurors in the trial ... um was involved in non contact and that was awesome tonight ... so what the parties are doing basically is sound ... still fighting it out in global courts ... now on the seabed the best case scenario in this whole thing is for the parties to come together ... and try to settle because these legal pieces are so costly ... and it also comes at a very interesting time he and the European Union case because ... aam the EU has been investigating Samsung's for possible anti competitive behavior ... and so if aam ... if some of Apple's products for it to be banned in Europe that would ... that would be a significant thing still Samsung's thinking ... okay our products are not banned in the US ... um well we ever Guinea get a band in the European Union so that's pretty much one of the reasons why people in the euro ... I know it's a crucial time as the Christmas shopping period but what about next year is well I mean I guess that into Cristobal out things as of ... now next to ... an index scheme of things if you let Gazprom's Harrison's performance is patent dispute has not been impacted the company at all ... on that we just got figures out from ... a researcher IHS I supply which found that Apple actually a sorry Samsung actually overtook Nokia in terms of global mobile shipments for twenty twelve ... so the bacon on top ... and Dom Apple has been going in the smartphone market as well but app Samsung has also gaining sale ... of the Innisfail can ... continue to remain competitive ... aam a lot about their low cost of companies are launching smartphones as well so ... I'm it's